REGION 4

Regional Data EXECUTIVE SUMMARYThe Pikes Peak region (Region 4) is composed of El Paso, Park and Teller Counties. Against the backdrop and in the midst of America’s most beautiful mountains sit some of Colorado’s most thriving communities, rich in business experience with historic backgrounds of achievement. The Pikes Peak region is a diverse area with a sunny, pleasantly dry and temperate climate, with surroundings conducive to a year-long outdoor lifestyle, all contributing to a healthy and productive workforce – an extraordinary environment in which to live, work and play.

The major employment and commercial center for the region is Colorado Springs, which is proud to be home to the United States Olympic Committee Headquarters and Training Center, the United States Air Force Academy, more than 35 Fortune 500 companies, the historic Broadmoor Hotel and the breathtaking Garden of the Gods. Offering a highly educated and skilled workforce, the area has outstanding educational facilities and numerous military installations including Fort Carson – one of the largest employers in the state.

The South Park National Heritage Area, one of only 49 National Heritage Areas in the United States, encompasses 1,800 square miles of public and private lands that offer rich historical, pre-historical and natural resources, including two state parks and a number of state wildlife areas, portions of two national forests, national wilderness areas, as well as thousands of acres of working ranches and historic mining districts.

Still active today, the Cripple Creek Mining District was formed in 1891 and has produced in excess of 25 million ounces of gold. Long known for its outdoor recreation and the fossils, rocks, hills, and valleys that make up Florissant Fossil Beds National Monument, legalized gaming has also brought additional visitors to the area.

VISIONThe Pikes Peak region will be a leader in business-friendly activities for new and existing businesses while maintaining a stellar quality of life for our residents and visitors alike.

MISSIONThe Pikes Peak region will focus on:

• Maximizing our natural resources and quality of life

• Educating and training the workforce of today and for the future

• Focusing on growth and innovation industries

• Partnering on common opportunities and sharing resources

• Demonstrate resiliency in the wake of a natural disaster

• AngloGold Ashanti’s mining operation expanding another $500 -$600 million in Teller County

• Charis Bible College building a $52 million campus in Woodland Park

• Developed a manufacturing sector partnership with Pueblo region 7 as well as collaborating on joint marketing efforts

• Woodland Station, a new retail development,is underway for Woodland Park

• Newly created shuttle service from Victor to

Cripple Creek to enhance tourism traffic

• Awarded $120.5 million in funding through the Colorado Regional Tourism Act for City for Champions project to develop four anchor projects in Colorado Springs – U.S. Olympic Museum, Colorado Sports & Events Center, UCCS Sports Medicine & Performance Center, US Air Force Gateway Visitor Center

• Colorado Springs Regional Business Alliance visited over 300 employers in the region in 2013 capturing key data and providing important business solutions to help

companies expand their operations

• City of Fountain working on a strategic plan for redevelopment of the gateway into their city

• Pikes Peak Workforce Center received National Award for its service to Veterans

• Pikes Peak International Raceway continues to expand and grow its national outreach

• Awarded $4.2 million from the Colorado Department of Local Affairs, Energy/Mineral Impact Assistance Grant

QUICK WINS

Examples of Largest Employers • Memorial Health System • Centura Health • Lockheed Martin Corporation • Verizon Wireless • The Broadmoor Hotel

Top 5 Key Industries by Employment 1. Defense and Homeland Security 2. Health and Wellness 3. Financial Services 4. Technology and Information 5.Tourism and Outdoor Recreation

Top 5 Regional Assets • Extraordinary quality of life • Military Installations (Schriever Air Force Base,

Peterson Air Force Base, Cheyenne Mountain Air Force Station/NORAD, Air Force Academy, Fort Carson)

• Highly educated workforce • Regional Airport (16-gates with multiple

carriers offering varied routes to virtually all cities in North America and major cities worldwide)

• Extensive transportation infrastructure (I-25 corridor, Highway 24 and Highway 285)

Where the Region would like to be in 5 years • Have a research institution • Be a leader in cyber security and aerospace • Employment at 95% • Robust technology infrastructure • Be a leader in sustainability and energy and

resource efficiency

Pikes Peak was the inspiration for the song “America the Beautiful”.

CORE OBJECTIVES

City of Colorado SpringsCity of Fountain City of VictorCity of Woodland ParkColorado Department of Local AffairsColorado Springs Convention and Visitors Bureau

Colorado Springs Regional Business AllianceCSU Extension El Paso County Park CountyPikes Peak Workforce CenterSouth Park National Heritage Area

GreaterWoodland Park ChamberColorado Springs UtilitiesTeller CountySBDC

STAKEHOLDERS

WeldMoffat

Mesa

Baca

Park

Routt

Yuma

Las Animas

Garfield

Lincoln

Larimer

Pueblo

Gunnison

BentSaguache

Elbert

Grand

Logan

Rio Blanco

Eagle

Kiowa

El Paso

Montrose

Otero

Delta

Washington

Kit Carson

La Plata

Jackson

Prowers

Fremont

Montezuma

Huerfano

Pitkin

Cheyenne

Adams

Morgan

CostillaConejosArchuleta

Dolores

Chaffee

Mineral

HinsdaleSan Miguel Custer

Teller

Douglas

Crowley

Phillips

Boulder

Ouray

Arapahoe

Alamosa

Lake

Rio Grande

Sedgwick

Jefferson

Summit

San Juan

Clear Creek

GilpinDenver

Broomfield

6

111

5

8

2

9

3

4

10

12

14

713

State of Colorado, Region 4

TOP 5 KEY INDUSTRIES BY EMPLOYMENT

39,882

33,098

25,388

19,190

16,818

- 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000

Defense & Homeland Security

Health & Wellness

Financial Services

Technology & Information

Tourism & Outdoor Recreation

Employment:

Source: EMSI, 2013.2

REGION 4

Build a Business- Friendly Environment1 Recruit, Grow and

Retain Business2 Increase Access to Capital3

GOALS • Continue to support Enterprise Zones• Reduce barriers to business

DELIVERABLES• A stronger business-friendly environment among

the region • Continue to nurture Regional collaboration • A trained workforce • Initiate discussion about sate wide tax policy with

businesses in the region

GOALS • Promote City for Champions project• Increase and maintain regional communication

around business growth• Continue to build on sector strategy regionally

DELIVERABLES• Individual plans to support regional growth• Increased communication and collaboration • Identify stakeholders to expand regional

partnership

GOALS • Understand and align capital resources in the

region and statewide• Engage with Small business Development

Centers and Business Revolving Loan Funds

DELIVERABLES• Add the CBA link to local websites • Access to Small Business Development Centers

services for the entire region• Get capital to business

Create and Market a Stronger CO Brand4 Educate and Train

the Future Workforce5 Cultivate Innovation and Technology6

GOALS • Regional airport corridor concept• Build upon Colorado Springs Convention and

Visitors Bureau brand identity• Colorado Business Brand initiative

DELIVERABLES• Continue to investigate adding Park County into

Colorado Springs Convention and Visitors Bureau marketing efforts, and gain further acceptance of brand identity throughout the region

• Initiate discussions on regional airport corridor concept that could benefit passengers along the Front Range

• Get business connected Colorado business brand

GOALS• Continue to focus on demand driven workforce• Expand job opportunities for youth• Better understand the workforce services and

needs in the region• Leverage and improve training efforts region-wide

DELIVERABLES• Programs available to build demand driven

workforce • Trained and available workforce to attract

employers • Retention and growth of young professionals • Encourage internships

GOALS• Expand broadband capacity in the region• Build entrepreneurship & innovation utilizing

regional and statewide resources and partnerships

DELIVERABLES• Expand opportunities for business growth • Virtual incubator concept in Park and Teller

counties

• Build out of City for Champions project• Expansion of manufacturing, hospitality and health

& wellness sector partnership

• Expanding SBDC services into all areas of region• Regional airport corridor development

STRATEGIC PROJECTS

Rev 8-1-14

www.advancecolorado.com/blueprint

0 5000 10000 15000 20000 25000 30000 35000 40000

Defense & Homeland Security

Health and Wellness

Financial Services

Technology and Information

Tourism and Outdoor Recreation

Creative Industries

Advanced Manufacturing

Infrastructure Engineering

Transportation and Logistics

Energy & Natural Resources

Food & Agriculture

Electronics

Bioscience

Aerospace

Service Layer Credits: Source: Esri,DigitalGlobe, GeoEye, i-cubed, USDA, USGS,AEX, Getmapping, Aerogrid, IGN, IGP, andthe GIS User Community

Service Layer Credits: Source: Esri,DigitalGlobe, GeoEye, i-cubed, USDA, USGS,AEX, Getmapping, Aerogrid, IGN, IGP, andthe GIS User Community

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Fountain

Fairplay

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Cimarron HillsManitou SpringsColorado Springs

Air Force Academy

Security-Widefield

Green Mountain FallsCascade-Chipita Park

Calhan

Bullseye

Butts AAF

Centennial

Meadow Lake

Front Range

Buckley Air Force Base

Fremont County

Limon Municipal

Harriet Alexander

Denver International

USAF Academy Airstrip

Colorado Springs East

Central Colorado Regional Colorado Springs Municipal

Rocky Mountain Metropolitan

Park

LincolnElbert

El Paso

Adams

Fremont

Douglas

Washington

Teller

Chaffee

Kiowa

Arapahoe

Jefferson

Kit Carson

Summit

Grand

Pueblo

Clear Creek

Gilpin

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0 20 40 6010Miles

COLORADO - REGION 4:

$ Date: Wednesday, Septemb

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El Paso, Park, and Teller Counties

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0 10050Miles

Employment by Key Industry

Defense & Homeland Security

Health and Wellness

Financial Services

Technology and Information

Tourism and Outdoor Recreation

Creative Industries

Advanced Manufacturing

Infrastructure Engineering

Transportation and Logistics

Energy and Natural Resources

Food and Agriculture

Electronics

Bioscience

Aerospace

SOURCE: Colorado Office of Economic Development & International Trade and EMSI, 2013.2

Establishments: N/A | Employment: 40,100 | Average Annual Wage: $59,900

2,030 | 34,200 | $47,200

1,040 | 25,900 | $50,000

1,250 | 19,000 | $91,900

700 | 17,000 | $27,900

890 | 16,600 | $45,100

590 | 14,200 | $68,400

1,010 | 13,300 | $68,500

1,180 | 12,000 | $52,600

450 | 7,900 | $86,200

210 | 4,600 | $30,900

130 | 3,500 | $89,900

130 | 2,600 | $76,700

80 | 1,200 | $85,200

Total Employment 398,298Total Establishments 18,113

Average Annual Wage $45,9722009 - 2013 Employment Change 4.6%

Service Layer Credits: Source: Esri,DigitalGlobe, GeoEye, i-cubed, USDA, USGS,AEX, Getmapping, Aerogrid, IGN, IGP, andthe GIS User Community

Service Layer Credits: Source: Esri,DigitalGlobe, GeoEye, i-cubed, USDA, USGS,AEX, Getmapping, Aerogrid, IGN, IGP, andthe GIS User Community

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Victor

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Stratmoor

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Fort Carson

Black ForestWoodland Park

Cripple Creek

Cimarron HillsManitou SpringsColorado Springs

Air Force Academy

Security-Widefield

Green Mountain FallsCascade-Chipita Park

Calhan

Bullseye

Butts AAF

Centennial

Meadow Lake

Front Range

Buckley Air Force Base

Fremont County

Limon Municipal

Harriet Alexander

Denver International

USAF Academy Airstrip

Colorado Springs East

Central Colorado Regional Colorado Springs Municipal

Rocky Mountain Metropolitan

Park

LincolnElbert

El Paso

Adams

Fremont

Douglas

Washington

Teller

Chaffee

Kiowa

Arapahoe

Jefferson

Kit Carson

Summit

Grand

Pueblo

Clear Creek

Gilpin

Denver

0 20 40 6010Miles

COLORADO - REGION 4:

$ Date: Wednesday, Septemb

er 11

, 201

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El Paso, Park, and Teller Counties

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§̈76

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Region 4

WYOMING

NEW MEXICO

COLORADO

§̈25

STATE OF COLORADO

0 10050Miles

Total Employment 184,114Total Establishments 8,321

Average Annual Wage $55,2772009 - 2013 Employment Change 5.3%

*Key Industry Employment Statistics

Total Employment Statistics

COLORADO - REGION 4: Economic Profile Colorado Office of Economic Development & International Trade

*Statistics are based on OEDIT’s Key Industry definitions so data may overlap.

Region 4 Population by Age GroupPopulation by Age Groups

Top Employers by Employment

Top Occupation Categories by Employment

Memorial Health System - a 583 bed hospital serving southern Colorado for more than 100 years. In 2011, they had approximately 26,000 admissions, 322,00 outpatient visits, 136,000 emergency visits, delivered 4,600 babies, and performed 24,000 surgeries. In 2012, Colorado Springs voters agreed to lease Memorial to the University of Colorado Health (UC Health) to further expand its health care services to the Pikes Peak region. This change in governance is the first for the hospital since acquired by the City of Colorado Springs in 1943. The City maintains ownership of Memorial’s buildngs, while the organization’s employees and operations are of UC Health. UC Health employs nearly 14,000 workers in the State of Colorado.

Centura Health - focused on connecting Colorado and western Kansas to affordable, world-class care. Centura Health’s integrated network includes 15 hospitals, seven senior living communities, medical clinics, affiliated partner hospitals, Flight For Life® Colorado, 13 Colorado Health Neighborhoods and home care and hospice services.

Lockheed Martin Corporation - a global security and aerospace company that employs about 116,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

Verizon Wireless - world leader in delivering innovation in communications, mobility, information, and entertainment. They provide broadband, video and other wireless and wireline services to consumers, businesses, governments and wholesale customers across the globe.

SOURCE: EMSI, 2013.2

Under 20196,300

28%20 to 39198,900

28%

60 Plus117,800

17%40 to 59188,900

27%

Population and Households

SOURCE: U.S. Census, 2010 and ACS 2007-2011 5 Year Estimate

SOURCE: EMSI, 2013.2

Jobs Median Wage

Annual Wage*

Sales and Related 50,800 $13.96 $29,000Office and Administrative Support 49,400 $15.33 $31,900Military 40,100 $14.58 $30,300Business and Financial Operations 28,000 $27.46 $57,100Food Preparation and Serving Related 27,400 $9.50 $19,800Management 21,200 $28.84 $60,000Education, Training, and Library 20,600 $20.17 $42,000Healthcare Practitioners and Technical 17,100 $33.54 $69,800Construction and Extraction 16,100 $17.75 $36,900Computer and Mathematical 14,400 $36.89 $76,700

Population 661,819Total Households 252,938*Median Age 43*Median Household Income $58,800*Mean Household Income $71,600*Median Family Income $71,000*Per Capita Income $29,400

SOURCE: Dun & Bradstreet, Equifax, Local Economic Development Groups, Corporate Websites, and Other Sources

About Top Employers by Employment

Educational Attainment

SOURCE: EMSI, 2013.2

Some College26%

High School Diploma22% Bachelor’s Degree

21%

Associates Degree10%

* Annual wage is based on a 40 hour work week

* Average of median or mean values of all counties in region

Graduate Degree and Higher

13%

12th Grade and Less, 8%

Note: Table does not include establishments that are primarly classified as Public Administration, Educational Services, and/or Retail Trade * Sectors represented by business and establishment locations

■ Manufacturing ■ Professional, Technical Services

■ Wholesale Trade ■ Health Care and Social Services

■ Information ■ Accommodation and Food Services

■ Finance and Insurance

Sectors* Business or Organization Jobs■ Memorial Health System 4,200■ Centura Health 2,600

■ ■ Lockheed Martin Corporation 2,000■ Verizon Wireless 1,800■ The Broadmoor Hotel 1,600■ United States Automobile Association 1,400■ Progressive Insurance Company 1,400■ Northrop Grumman Corporation 1,200

■ ■ Atmel Corporation 1,100■ Compassion International 1,000

1625 Broadway, Suite 2700 | Denver, Colorado 80202 USAP 303.892.3840 | F 303.892.3848oedit.info@state.co.us | www.advancecolorado.com

Rev 7-28-14